Hong Zhang

Singapore Management University, LKCSB

Professor of Finance

469 Bukit Timah Road

Singapore

Singapore

Tsinghua University - PBC School of Finance

Phoenix Chair Professor of Finance

No. 43, Chengdu Road

Haidian District

Beijing 100083

China

http://www.hongzhang.info

  • Singapore Management University, LKCSB

    • Email
    • Tel: (65)6828-9086

  • Tsinghua University - PBC School of Finance

SCHOLARLY PAPERS

39

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269

CROSSREF CITATIONS

125

Scholarly Papers (39)

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1.

Estimating the Dynamics of Mutual Fund Alphas and Betas

Downloads 5,448 ( 2,734)

Estimating the Dynamics of Mutual Fund Alphas and Betas

Number of pages: 40 Posted: 10 Mar 2005
Matthew I. Spiegel, Harry Mamaysky and Hong Zhang
Yale University - Yale School of Management, International Center for Finance, Columbia University - Columbia Business School and Singapore Management University, LKCSB
Downloads 5,448 (2,703)
Citation 11

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Estimating the Dynamics of Mutual Fund Alphas and Betas

The Review of Financial Studies, Vol. 21, Issue 1, pp. 233-264, 2008
Posted: 26 Jun 2008
Harry Mamaysky, Matthew I. Spiegel and Hong Zhang
Columbia University - Columbia Business School, Yale University - Yale School of Management, International Center for Finance and Singapore Management University, LKCSB

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2.

Improved Forecasting of Mutual Fund Alphas and Betas

Downloads 3,932 ( 4,749)

Improved Forecasting of Mutual Fund Alphas and Betas

Yale ICF Working Paper No. 04-23, EFA 2005 Moscow Meetings
Number of pages: 42 Posted: 27 Jul 2005
Matthew I. Spiegel, Harry Mamaysky and Hong Zhang
Yale University - Yale School of Management, International Center for Finance, Columbia University - Columbia Business School and Singapore Management University, LKCSB
Downloads 3,932 (4,659)
Citation 3

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Mutual fund performance, back test

Improved Forecasting of Mutual Fund Alphas and Betas

Review of Finance, Vol. 11, Issue 3, pp. 359-400, 2007
Posted: 14 Jul 2008
Harry Mamaysky, Matthew I. Spiegel and Hong Zhang
Columbia University - Columbia Business School, Yale University - Yale School of Management, International Center for Finance and Singapore Management University, LKCSB

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G12, G13

3.

Dynamic Beta, Time-Varying Risk Premium, and Momentum

Number of pages: 58 Posted: 30 Jul 2004
Hong Zhang
Singapore Management University, LKCSB
Downloads 1,704 (18,153)

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4.

The Invisible Hand of Short Selling: Does Short Selling Discipline Earnings Management?

Review of Financial Studies, Forthcoming, INSEAD Working Paper No. 2012/93/FIN, Asian Finance Association (AsFA) 2013 Conference
Number of pages: 91 Posted: 06 Aug 2012 Last Revised: 02 Oct 2015
Massimo Massa, Bohui Zhang and Hong Zhang
INSEAD - Finance, The Chinese University of Hong Kong, Shenzhen and Singapore Management University, LKCSB
Downloads 1,489 (22,296)
Citation 50

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short-selling, earning manipulation, international finance, governance

5.

Air Pollution, Behavioral Bias, and the Disposition Effect in China

PBCSF-NIFR Research Paper
Number of pages: 78 Posted: 28 Jun 2017 Last Revised: 29 Oct 2020
Jennifer (Jie) LI, Massimo Massa, Hong Zhang and Jian Zhang
INSEAD, INSEAD - Finance, Singapore Management University, LKCSB and The University of Hong Kong - Faculty of Business and Economics
Downloads 833 (51,252)
Citation 8

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Air Pollution, The Disposition Effect, Mutual Funds

6.

The Unexpected Activeness of Passive Investors: A Worldwide Analysis of ETFs

Downloads 814 (52,873)
Citation 8

The Unexpected Activeness of Passive Investors: A Worldwide Analysis of ETFs

The Review of Asset Pricing Studies, Vol. 9, No. 2, 2019
Number of pages: 90 Posted: 26 Feb 2013 Last Revised: 23 Feb 2021
Si Cheng, Massimo Massa and Hong Zhang
Syracuse University - Department of Finance, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 813 (52,202)
Citation 2

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ETFs, Subsidization, Banks, Shadow Banking, Distress

The Unexpected Activeness of Passive Investors: A World-Wide Analysis of ETFs

CEPR Discussion Paper No. DP11988
Number of pages: 53 Posted: 25 Apr 2017
Si Cheng, Massimo Massa and Hong Zhang
Syracuse University - Department of Finance, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 1 (1,093,677)
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banks, Distress, ETFs, shadow banking, Subsidization

7.

Short Selling Meets Hedge Fund 13F: An Anatomy of Informed Demand

Downloads 755 (58,555)
Citation 25

Short Selling Meets Hedge Fund 13F: An Anatomy of Informed Demand

Asian Finance Association (AsianFA) 2015 Conference Paper, PBCSF-NIFR Research Paper No. 15-01, INSEAD Working Paper No. 2015/12/FIN
Number of pages: 31 Posted: 03 Feb 2015 Last Revised: 19 Feb 2016
Yawen Jiao, Massimo Massa and Hong Zhang
University of California, Riverside, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 755 (57,712)
Citation 2

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short selling, hedge funds, 13F, informed demand, hedging

Short Selling Meets Hedge Fund 13F: An Anatomy of Informed Demand

CEPR Discussion Paper No. DP10471
Number of pages: 33 Posted: 16 Mar 2015
Yawen Jiao, Massimo Massa and Hong Zhang
University of California, Riverside, INSEAD - Finance and Singapore Management University, LKCSB
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Citation 23
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short-selling

8.

Governance Through Threat: Does Short Selling Improve Internal Governance?

INSEAD Working Paper No. 2013/83/FIN
Number of pages: 60 Posted: 10 Jul 2013
Massimo Massa, Bohui Zhang and Hong Zhang
INSEAD - Finance, The Chinese University of Hong Kong, Shenzhen and Singapore Management University, LKCSB
Downloads 636 (73,082)
Citation 3

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short selling, international finance, corporate governance, equity incentives

9.

Competition of the Informed: Does the Presence of Short Sellers Affect Insider Selling?

Journal of Financial Economics (JFE), Forthcoming, INSEAD Working Paper No. 2014/63/FIN
Number of pages: 51 Posted: 10 Dec 2014 Last Revised: 11 Dec 2014
Massimo Massa, Wenlan Qian, Weibiao Xu and Hong Zhang
INSEAD - Finance, National University of Singapore - NUS Business School, National University of Singapore (NUS) and Singapore Management University, LKCSB
Downloads 628 (74,213)
Citation 9

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Short Selling, Insider Trading, Informed Trader, Market Efficiency

10.

Saving Long-Term Investment from Short-Termism: The Surprising Role of Short Selling

Downloads 608 (77,207)
Citation 2

Saving Long-Term Investment from Short-Termism: The Surprising Role of Short Selling

INSEAD Working Paper No. 2015/11/FIN
Number of pages: 42 Posted: 03 Feb 2015 Last Revised: 07 Feb 2015
Massimo Massa, Fei Wu, Bohui Zhang and Hong Zhang
INSEAD - Finance, Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF), The Chinese University of Hong Kong, Shenzhen and Singapore Management University, LKCSB
Downloads 382 (133,814)
Citation 4

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Short selling, Long-term Investment, R&D, International Finance

Saving Long-Term Investment from Short-Termism: The Surprising Role of Short Selling

INSEAD Working Paper No. 2015/11/FIN, Asian Finance Association (AsianFA) 2015 Conference Paper
Number of pages: 42 Posted: 14 Feb 2015
Massimo Massa, Fei Wu, Hong Zhang and Bohui Zhang
INSEAD - Finance, Shanghai Jiao Tong University (SJTU) - Shanghai Advanced Institute of Finance (SAIF), Singapore Management University, LKCSB and The Chinese University of Hong Kong, Shenzhen
Downloads 226 (231,379)
Citation 1

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Short selling, Long-term Investment, R&D, International Finance

11.

The Impact of Sin Culture: Evidence from Earnings Management and Alcohol Consumption in China

Downloads 530 (91,683)
Citation 3

The Impact of Sin Culture: Evidence from Earnings Management and Alcohol Consumption in China

INSEAD Working Paper No. 2017/17/FIN, PBCSF-NIFR Research Paper
Number of pages: 56 Posted: 30 May 2016 Last Revised: 29 Oct 2020
Zhe Li, Massimo Massa, Nianhang Xu and Hong Zhang
Central University of Finance and Economics, INSEAD - Finance, Renmin University of China - School of Business and Singapore Management University, LKCSB
Downloads 530 (90,677)
Citation 7

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Culture, Earnings management, Alcohol, Geographic shocks

The Impact of Sin Culture: Evidence from Earning Management and Alcohol Consumption in China

CEPR Discussion Paper No. DP11475
Number of pages: 68 Posted: 06 Sep 2016
Zhe Li, Massimo Massa, Nianhang Xu and Hong Zhang
Central University of Finance and Economics, INSEAD - Finance, Renmin University of China - School of Business and Singapore Management University, LKCSB
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Alcohol, Culture, Earnings management, Geographic shocks

12.

Guru Dreams and Competition: An Anatomy of the Economics of Blogs

Downloads 485 (102,181)

Guru Dreams and Competition: An Anatomy of the Economics of Blogs

INSEAD Working Paper No. 2014/59/FIN, Asian Finance Association (AsianFA) 2015 Conference Paper
Number of pages: 35 Posted: 06 Nov 2014 Last Revised: 14 Feb 2015
Yi Dong, Massimo Massa and Hong Zhang
Shanghai University of Finance and Economics, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 485 (101,105)
Citation 1

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Blogs, Social media, Information provision, Competition

Guru Dreams and Competition: An Anatomy of the Economics of Blogs

CEPR Discussion Paper No. DP10470
Number of pages: 34 Posted: 09 Mar 2015
Massimo Massa, Hong Zhang and Yi Dong
INSEAD - Finance, Singapore Management University, LKCSB and Shanghai University of Finance and Economics
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Blogs, Competition, Information provision, Social media

13.

Mutual Fund Risk and Market Share Adjusted Fund Flows

Journal of Financial Economics (JFE), Vol. 108, No. 2, 2013
Number of pages: 48 Posted: 22 Sep 2010 Last Revised: 31 Oct 2014
Matthew I. Spiegel and Hong Zhang
Yale University - Yale School of Management, International Center for Finance and Singapore Management University, LKCSB
Downloads 450 (111,632)
Citation 50

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mutual funds, fund flows, fund returns

14.

Investing in Low-Trust Countries: Trust in the Global Mutual Fund Industry

Downloads 336 (155,185)
Citation 6

Investing in Low-Trust Countries: Trust in the Global Mutual Fund Industry

Asian Finance Association (AsianFA) 2015 Conference Paper
Number of pages: 76 Posted: 21 Jan 2015
Massimo Massa, Chengwei Wang, Hong Zhang and Jian Zhang
INSEAD - Finance, Sungkyunkwan University, Singapore Management University, LKCSB and The University of Hong Kong - Faculty of Business and Economics
Downloads 336 (154,138)
Citation 8

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Trust, International Investments, Mutual Funds, Performance

Investing in Low-Trust Countries: Trust in the Global Mutual Fund Industry

CEPR Discussion Paper No. DP10472
Number of pages: 43 Posted: 09 Mar 2015
Massimo Massa, Chengwei Wang, Hong Zhang and Colin Zhang
INSEAD - Finance, Sungkyunkwan University, Singapore Management University, LKCSB and National University of Singapore (NUS)
Downloads 0
Citation 1
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International Investments, Mutual Funds, Performance, Trust

15.

Culture vs. Bias: Can Social Trust Mitigate the Disposition Effect?

Downloads 335 (155,665)
Citation 1

Culture vs. Bias: Can Social Trust Mitigate the Disposition Effect?

INSEAD Working Paper No. 2016/86/FIN, Asian Finance Association (AsianFA) 2017 Conference, PBCSF-NIFR Research Paper
Number of pages: 44 Posted: 10 Nov 2016 Last Revised: 29 Oct 2020
Jennifer (Jie) LI, Massimo Massa and Hong Zhang
INSEAD, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 332 (156,115)
Citation 3

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Trust, The Disposition Effect, Mutual Funds

Culture vs. Bias: Can Social Trust Mitigate the Disposition Effect?

CEPR Discussion Paper No. DP11474
Number of pages: 50 Posted: 06 Sep 2016
Jennifer (Jie) LI, Massimo Massa and Hong Zhang
INSEAD, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 3 (1,076,990)
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Mutual funds, The Disposition Effect, Trust

16.

The Economics of Hedge Fund Startups: Theory and Empirical Evidence

Journal of Finance, Forthcoming
Number of pages: 108 Posted: 13 Aug 2020
Charles Cao, Grant V Farnsworth and Hong Zhang
Pennsylvania State University, Texas Christian University and Singapore Management University, LKCSB
Downloads 313 (167,388)
Citation 8

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Hedge Funds, Inceptions, Startups, Search Frictions

17.

Mutual Funds and Information Diffusion: The Role of Country-Level Governance

Downloads 308 (170,263)
Citation 6

Mutual Funds and Information Diffusion: The Role of Country-Level Governance

Tinbergen Institute Discussion Paper 14-079/IV/DSF76, Review of Financial Studies 2014, issue 27: page 3343-3387
Number of pages: 55 Posted: 04 Jul 2014 Last Revised: 26 Oct 2014
Melissa Lin, Massimo Massa and Hong Zhang
Erasmus University Rotterdam, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 188 (274,435)

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Mutual Funds, Information Diffusion, Country-Level Governance, Semi-public Information, Liquidity

Mutual Funds and Information Diffusion: The Role of Country-Level Governance

Forthcoming, The Review of Financial Studies
Number of pages: 53 Posted: 19 Aug 2011 Last Revised: 12 Sep 2014
Melissa Lin, Massimo Massa and Hong Zhang
Erasmus University Rotterdam, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 120 (397,625)

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governance, semi-public information, mutual funds, liquidity

18.

Securities Lending and Corporate Financing: Evidence from Bond Issuance

Georgetown McDonough School of Business Research Paper No. 3695947, PBCSF-NIFR Research Paper
Number of pages: 51 Posted: 02 Oct 2020 Last Revised: 14 Oct 2022
Jennie Bai, Massimo Massa and Hong Zhang
Georgetown University - McDonough School of Business, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 289 (181,989)

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securities lending, institutional investors, cost of capital, bond issuance, bond pricing, insurance companies

19.

On the Dynamics of Corporate Bond Ownership

Number of pages: 67 Posted: 14 Aug 2014 Last Revised: 09 May 2016
Massimo Massa, Hong Zhang and Weina Zhang
INSEAD - Finance, Singapore Management University, LKCSB and Department of Finance, National University of Singapore
Downloads 286 (183,934)
Citation 1

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corporate bonds; credit risk, institutional ownership; learning

20.

Can Rational Investors Overreact?

Number of pages: 50 Posted: 20 Mar 2005
Hong Zhang
Singapore Management University, LKCSB
Downloads 252 (208,853)

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Cumulative uncertainty, Intermediate trading, Overreaction

21.

Short-Sale Constraints and the Pricing of Managerial Skills

Downloads 229 (229,340)
Citation 2

Short-Sale Constraints and the Pricing of Managerial Skills

INSEAD Working Paper No. 2012/92/FIN
Number of pages: 65 Posted: 07 Aug 2012 Last Revised: 14 Aug 2015
Si Cheng, Massimo Massa and Hong Zhang
Syracuse University - Department of Finance, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 229 (228,572)
Citation 2

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Managerial skills, mutual funds, short-sale constraint

Short-Sale Constraints and the Pricing of Managerial Skills

CEPR Discussion Paper No. DP10447
Number of pages: 51 Posted: 02 Mar 2015
Si Cheng, Massimo Massa and Hong Zhang
Syracuse University - Department of Finance, INSEAD - Finance and Singapore Management University, LKCSB
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Managerial skills, mutual funds, short-sale constraint.

22.

Benchmarking and Currency Risk

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 44 Posted: 15 Mar 2012 Last Revised: 31 Oct 2014
Massimo Massa, Yanbo Wang and Hong Zhang
INSEAD - Finance, Sungkyunkwan University (SKK) Graduate School of Business and Singapore Management University, LKCSB
Downloads 205 (254,191)

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mutual fund, currency risk, portfolio management

23.

Productivity, Asset Return, and International Index Momentum

EFA 2008 Athens Meetings
Number of pages: 38 Posted: 26 Feb 2008
Zhiwu Chen, Yangru Wu and Hong Zhang
University of Hong Kong, Faculty of Business Economics (HKU Business School), Rutgers University, Newark - School of Business - Department of Finance & Economics and Singapore Management University, LKCSB
Downloads 199 (261,165)

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24.

Policy Uncertainty Reduces Green Investment

Downloads 180 (285,464)

Policy Uncertainty Reduces Green Investment

PBCSF-NIFR Research Paper Forthcoming
Number of pages: 53 Posted: 19 Jun 2023
Mengyu Wang, Jeffrey Wurgler and Hong Zhang
Tsinghua University - PBC School of Finance, NYU Stern School of Business and Singapore Management University, LKCSB
Downloads 170 (299,964)

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Economic Policy Uncertainty, R&D, Environment, Irreversible Investment

Policy Uncertainty Reduces Green Investment

NBER Working Paper No. w31401
Number of pages: 53 Posted: 03 Jul 2023 Last Revised: 17 Jul 2023
Mengyu Wang, Jeffrey Wurgler and Hong Zhang
Tsinghua University - PBC School of Finance, NYU Stern School of Business and Singapore Management University, LKCSB
Downloads 10 (1,016,220)
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25.

Catering Through Globalization: Cross-border Expansion and Misallocation in the Global Mutual Fund Industry

PBCSF-NIFR Research Paper
Number of pages: 97 Posted: 25 Apr 2018 Last Revised: 29 Oct 2020
Si Cheng, Massimo Massa and Hong Zhang
Syracuse University - Department of Finance, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 172 (297,087)

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Globalization, Cross-Border Capital Flows, Mutual Funds, Skills, Market Efficiency

26.

Tax Evasion and Information Production: Evidence from the FATCA

Downloads 171 (298,539)

Tax Evasion and Information Production: Evidence from the FATCA

PBCSF-NIFR Research Paper
Number of pages: 68 Posted: 31 Aug 2020 Last Revised: 12 Jun 2023
Si Cheng, Massimo Massa and Hong Zhang
Syracuse University - Department of Finance, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 171 (298,466)

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tax evasion; FATCA; asset management; market efficiency

Tax Evasion and Market Efficiency: Evidence from the FACTA and Offshore Mutual Funds

CEPR Discussion Paper No. DP15747
Number of pages: 46 Posted: 11 Feb 2021
Si Cheng, Massimo Massa and Hong Zhang
Syracuse University - Department of Finance, INSEAD - Finance and Singapore Management University, LKCSB
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27.

The Boundaries of Law: Can US Private Enforcement Discipline Foreign Firms?

PBCSF-NIFR Research Paper
Number of pages: 52 Posted: 07 Apr 2020 Last Revised: 08 Nov 2022
Massimo Massa, Xiaoqiao Wang, Bohui Zhang and Hong Zhang
INSEAD - Finance, The Chinese University of Hong Kong, Shenzhen, The Chinese University of Hong Kong, Shenzhen and Singapore Management University, LKCSB
Downloads 170 (300,027)
Citation 1

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Lawsuits; Class action; Governance; Valuation; Corporate Financial Policy

28.

Can Alcohol Facilitate Information Manipulation in China? A Social Norm Perspective

INSEAD Working Paper No. 2022/39/FIN
Number of pages: 80 Posted: 11 Jul 2022 Last Revised: 12 Sep 2022
Zhe Li, Massimo Massa, Nianhang Xu and Hong Zhang
Central University of Finance and Economics, INSEAD - Finance, Renmin University of China - School of Business and Singapore Management University, LKCSB
Downloads 140 (352,210)

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Social Norms, Disclosure, Information Manipulation, Earnings Manipulation, Alcohol

29.

An Anatomy of Characteristics in Dynamic Trading

Number of pages: 47 Posted: 02 Aug 2021
Tao Huang, Matthew I. Spiegel and Hong Zhang
BNU-HKBU United International College, Yale University - Yale School of Management, International Center for Finance and Singapore Management University, LKCSB
Downloads 140 (352,210)
Citation 1

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Anomalies; Dynamic trading; Informative characteristics

30.

Productivity, Asset Returns, and International Index Momentum

Number of pages: 38 Posted: 17 Mar 2008
Zhiwu Chen, Yangru Wu and Hong Zhang
University of Hong Kong, Faculty of Business Economics (HKU Business School), Rutgers University, Newark - School of Business - Department of Finance & Economics and Singapore Management University, LKCSB
Downloads 137 (360,261)
Citation 1

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31.

Are LPs Funds of Funds? Relationship Building in the Private Equity Industry

Downloads 132 (370,677)

Are LPs Funds of Funds? Relationship Building in the Private Equity Industry

INSEAD Working Paper No. 2014/57/FIN
Number of pages: 45 Posted: 25 Oct 2014
Massimo Massa, Hong Zhang and Xiaolan Zhou
INSEAD - Finance, Singapore Management University, LKCSB and Shanghai University of Finance and Economics - School of Economics
Downloads 132 (371,786)

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Private Equity, Relationship, Performance

Are LPs Funds of Funds? Relationship Building in the Private Equity Industry

CEPR Discussion Paper No. DP10448
Number of pages: 44 Posted: 02 Mar 2015
Massimo Massa, Hong Zhang and Xiaolan Zhou
INSEAD - Finance, Singapore Management University, LKCSB and Shanghai University of Finance and Economics - School of Economics
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Performance, Private Equity, Relationship

32.

Financial Globalization vs. Income Inequality: The Surprising Role of Delegated Foreign Portfolio Flows

Downloads 124 (386,419)

Financial Globalization vs. Income Inequality: The Surprising Role of Delegated Foreign Portfolio Flows

PBCSF-NIFR Research Paper
Number of pages: 75 Posted: 31 Aug 2020 Last Revised: 02 Mar 2023
Si Cheng, Massimo Massa and Hong Zhang
Syracuse University - Department of Finance, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 124 (387,885)

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Financial Globalization, Income Inequality, Delegated Portfolio Management, Mutual Funds

Financial Globalization vs. Income Inequality: The Surprising Role of Delegated Portfolio Flows in Taming the Top 1%

CEPR Discussion Paper No. DP15745
Number of pages: 54 Posted: 11 Feb 2021
Si Cheng, Massimo Massa and Hong Zhang
Syracuse University - Department of Finance, INSEAD - Finance and Singapore Management University, LKCSB
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33.

International Asset Pricing with Strategic Business Groups

Downloads 119 (398,368)
Citation 2

International Asset Pricing with Strategic Business Groups

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 60 Posted: 15 Jul 2021
Massimo Massa, James O'Donovan and Hong Zhang
INSEAD - Finance, City University of Hong Kong (CityU) and Singapore Management University, LKCSB
Downloads 119 (400,114)
Citation 2

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International Asset Pricing, Business groups, Centrality, Co-movement.

International Asset Pricing with Strategic Business Groups

CEPR Discussion Paper No. DP15746
Number of pages: 53 Posted: 11 Feb 2021 Last Revised: 15 Mar 2021
Massimo Massa, James O'Donovan and Hong Zhang
INSEAD - Finance, City University of Hong Kong (CityU) and Singapore Management University, LKCSB
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34.

Does Death Teach Us Wisdom? Evidence from Trading during the COVID-19 Pandemic in India

Number of pages: 60 Posted: 04 Jan 2022
Pulak Ghosh, Jayanta Kumar Seal, Hong Zhang and Jian Zhang
Indian Institute of Management (IIMB), Bangalore, Indian Institute of Foreign Trade, Singapore Management University, LKCSB and The University of Hong Kong - Faculty of Business and Economics
Downloads 103 (442,129)

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Death, Disposition Effect, Narrow Framing, COVID-19, Pandemic

35.

Heterogeneity in Horizon, Equilibrium Clientele, and the Cross-Section of Value Premium

Number of pages: 36 Posted: 05 Mar 2008
Hong Zhang
Singapore Management University, LKCSB
Downloads 94 (473,291)

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36.

Incentives and Matching of Heterogeneous Investors and Managers: Field Evidence from a Mutual Fund Scandal

INSEAD Working Paper No. 2014/29/EFE/FIN
Number of pages: 18 Posted: 06 Jul 2013 Last Revised: 09 Apr 2014
Henrich R. Greve and Hong Zhang
INSEAD and Singapore Management University, LKCSB
Downloads 64 (586,575)

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Heterogeneous Investors and Managers, Market Matching, Optimal Contracts, Repeated Games, Mutual Funds

37.

Mergers and Acquisitions and the Value of Control

CEPR Discussion Paper No. DP11986
Number of pages: 49 Posted: 25 Apr 2017
Gur Aminadav, Massimo Massa, Hong Zhang and Weikang Zhu
London Business School, INSEAD - Finance, Singapore Management University, LKCSB and PBC School of Finance
Downloads 5 (1,021,650)
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bargaining power, Business Groups, M&As, value of control

38.

When is Good News Not Good News? Opening Up the Black Box of Innovation for Family Firms

CEPR Discussion Paper No. DP11472
Number of pages: 66 Posted: 06 Sep 2016
Po-Hsuan Hsu, Sterling Huang, Massimo Massa and Hong Zhang
National Tsing Hua University - Department of Quantitative Finance, Singapore Management University - School of Accountancy, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 2 (1,042,004)
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family firms, innovation, innovation strategies, under-diversification

39.

The New Lyrics of the Old Folks: The Role of Family Ownership in Corporate Innovation

CEPR Discussion Paper No. DP10445
Number of pages: 72 Posted: 02 Mar 2015
Po-Hsuan Hsu, Sterling Huang, Massimo Massa and Hong Zhang
National Tsing Hua University - Department of Quantitative Finance, Singapore Management University - School of Accountancy, INSEAD - Finance and Singapore Management University, LKCSB
Downloads 0 (1,058,163)
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Family firms, innovation, intangible investment